Post
Topic
Board Trading Discussion
Re: i failed in day trading
by
Fredomago
on 19/10/2019, 04:51:32 UTC
i have learn technical analysis and practicing it for many months now i am good at it , but when it comes to day trading stocks move as market moves if markets go up stocks go up and if market falls stocks fall where does technical analysis , how to do day trading

my question is about stocks not crypto
Technical analysis of stocks is very dependent on the market, if you are right in this analysis you might be wrong in knowing when and where your position should be. Not to much the percentage of success in technical analysis, maybe it's just not your luck in that time. Technical analysis is useful to find out market movements in a long period of time, the percentage will continue to increase, so that not for day trade which may be different far away.
Technical analysis can both be use for long or short terms trade. By allowing yourself to observe how the market works and what will be the next market movements as per your technical analysis gave you. There's always possibilities if you manage to understand how things gives works and gives you advantages.

You'll be able to get things right when you pursue your set goals.